Appen Share Prices Tumble After Data-for-AI Leader Releases FY 2021 Results
Record annual revenue of USD 447m unable to offset investor disappointment in ASX-traded company after downgraded EBITDA guidance and plunge in net profit after tax.
ASX
Lionbridge CEO Stays Silent on Australia IPO Reports After a ‘Very Good' 2018
Lionbridge CEO John Fennelly says he has no comment at the moment about reports that private equity firm HIG is exploring an IPO of Lionbridge in Australia. On 2018, Fennelly highlights a momentum in AI business and a return to growth in the core localization business.
Appen Shares Plunge on Disappointing H1 2022 Results and Full-Year Outlook
Appen reports H1 2022 revenues to be down 7% and EBITDA down 69% versus the comparable period last year. CEO of data-for-AI provider blames sector slowdown rather than competition.
Straker Says Their English to French Translators Now Average 1,000 Words Per Hour
After October IPO in Australia Straker Translations posts half-year results. Six months pro-forma revenues grew to USD 9.1m and adjusted EBITDA shows a slight profit. Company says their freelance English to French freelancers average 1,000 words per hour and earn USD 28 per hour.
Straker Translations Bought Eule and MSS This Summer Ahead of Upcoming Australia IPO
Straker Translations completed two acquisitions this summer to bulk up ahead of its planned October 22 initial public offering on the Australia Stock Exchange.
Slator Interpreting Services and Technology Report
60-page report on the growth industry of interpreting, featuring analysis by mode, setting, geo, buyers, business use cases, RSI, OPI, VRI. Incl. market size estimate.
Shares in Language Service Provider Ai-Media Rise After IPO
Shares in translation, transcription, captioning, and subtitling provider Ai-Media open strong after Sydney IPO, boosting company’s market cap to nearly AUD 200m.
Australian LSP Ai-Media Targets USD 125m Market Cap in Sydney IPO
Australian language service provider Ai-Media has reportedly begun roadshowing with investors for an IPO scheduled mid-September 2020.
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